ALSE / LEGAL FRAMEWORK / LAWS
Laws and Other Acts
The legal framework that regulates capital markets, financial instruments and the functioning of the securities market in the Republic of Albania.
Laws
Law no. 62, dated 14.05.2020 "On Capital Market"
Object of the Law
The scope of this law is to regulate the capital markets, manner and conditions for the offer, purchase and sale of the financial instruments in the Republic of Albania and establishes procedures for the regulation and supervision of the financial instruments’ markets….
Approved by Parliament on 01/09/2020
Law no. 9879, dated 21.02.2008 "On Securities", abolished on September 1st, 2020
Object of the Law
This law defines the types of securities, regulates the method and conditions of issuing, trading and registering of securities, identification…
Abolished on September 1st, 2020, after the law no. 62/2020 “On Capital Markets” entered into force. Nonetheless, based on Article 377 of the law no. 62/2020, to subjects already licensed under this law, an 18 months transition period will be granted in order to be in full compliance with the new law.
Law no. 10 158, Dated 15.10.2009 "On Corporate Bonds and Municipal Bonds", abolished on September 1st, 2020
Object of the Law
The law On Corporate and Municipal Bonds aims the improvement of legal base…
Approved by the Parliament 20/11/2009
Abolished on September 1st, 2020, after the law no. 62/2020 “On Capital Markets” entered into force. Nonetheless, based on Article 377 of the law no. 62/2020, to subjects already licensed under this law, an 18 months transition period will be granted in order to be in full compliance with the new law.
Law no. 10 198, dated 10.12.2009 "On Collective Investment Undertakings"
Object of the Law
As amended by the Law no.36, date 31.03.2016 “Some changes and additions in the Law no.10 198, date 10.12.2009 “For…
Approved by the Parliament on 15/01/2010
Law no. 10 236, dated 18.02.2010 "On Take-Over"
Object of the Law
This Law defines the rules, related with term and procedures of take-over…
Approved by the Parliament on 02/04/2010
Other Acts
CORPORATE GOVERNANCE CODE
This document is based on relevant international best practices.
The Corporate Governance Code complies with relevant company and other legislation in force and regulation in effect in the Country.
Drafted with the Assistance of International Finance Cooperation (IFC)
